Pardon my French, but everything else that came to mind was even more profane. Courtesy of The Corner at National Review Online comes the link to this chart showing how the Fed has pumped up the money supply lately:
That little tiny blip around 2000 is apparently when the Fed “flooded” the money supply in anticipation of Y2K. Pikers back then, it appears. ..bruce w..
[...] not sure that vastly expanding the money supply in the United States is the right answer. ..bruce w.. Share this site with your favorite social [...]